Period, spot price
From July 1 to July 7, 2011, the average standard spot price of the seven major US domestic markets was 126.28 cents/lb, which was 8.21 cents/lb lower than the previous week and 51.37 cents/lb. compared with the same period of last year. During the week, a total of 78 packages were sold in the seven major US domestic spot markets. On July 8-14, 2011, the AWP price was 108.86 cents.
Transactions
During the week, demand for U.S. cotton in the United States was particularly light, prices fell, foreign demand was very scarce, Pima cotton prices were stable, and demand was good. In 2011, half of the new flowers were booked by foreign textile mills.
Weather conditions and growth status
During the week, there were thunderstorms in the southeastern United States, and the rains and vegetation throughout the region were mixed. In the delta region, rain showers and new cotton growth were generally good. The harvest of the first batch of new cotton in southern Texas was hampered by excessive soil moisture; Western Texas The dry conditions still have no obvious change. The new cotton grows slowly overall. The western desert area is extremely hot and the growth is lagging behind. The high temperature in the Shengyinjin region has caused the new cotton to bloom. The high temperature in the Piima cotton area has resulted in severe drought in the cotton fields and insufficient irrigation water in some areas. .
Domestic and foreign textile mill demand
At present, American textile mills have purchased grade 4 new flowers of Pima cotton in the 4th grade cotton and St. Yokyi regions shipped in 2012. The loading period is from January to September next year. Textile mills are still very satisfied with the 4th quarter of this year. cautious. US cotton export inquiry is scarce, and the Far East region has the greatest interest in all kinds of spot shipments of low grade and special price varieties.
From July 1 to July 7, 2011, the average standard spot price of the seven major US domestic markets was 126.28 cents/lb, which was 8.21 cents/lb lower than the previous week and 51.37 cents/lb. compared with the same period of last year. During the week, a total of 78 packages were sold in the seven major US domestic spot markets. On July 8-14, 2011, the AWP price was 108.86 cents.
Transactions
During the week, demand for U.S. cotton in the United States was particularly light, prices fell, foreign demand was very scarce, Pima cotton prices were stable, and demand was good. In 2011, half of the new flowers were booked by foreign textile mills.
Weather conditions and growth status
During the week, there were thunderstorms in the southeastern United States, and the rains and vegetation throughout the region were mixed. In the delta region, rain showers and new cotton growth were generally good. The harvest of the first batch of new cotton in southern Texas was hampered by excessive soil moisture; Western Texas The dry conditions still have no obvious change. The new cotton grows slowly overall. The western desert area is extremely hot and the growth is lagging behind. The high temperature in the Shengyinjin region has caused the new cotton to bloom. The high temperature in the Piima cotton area has resulted in severe drought in the cotton fields and insufficient irrigation water in some areas. .
Domestic and foreign textile mill demand
At present, American textile mills have purchased grade 4 new flowers of Pima cotton in the 4th grade cotton and St. Yokyi regions shipped in 2012. The loading period is from January to September next year. Textile mills are still very satisfied with the 4th quarter of this year. cautious. US cotton export inquiry is scarce, and the Far East region has the greatest interest in all kinds of spot shipments of low grade and special price varieties.
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